Expansion – Whitman Family Development Community

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In July 2019 Bal Harbour Shops secured a $550 million loan to expand its premium luxury shopping center, bucking the declining trend in retail expansions. With the additional curated retail and dining Bal Harbour Shops ensures its reputation as the leading luxury shopping center in the U.S.

The Expansion at Bal Harbour Shops is a revolutionary development offering an unrivaled open-air venue for both local and global retail, dining, and entertainment experiences.

This carefully planned project enables retailers and eateries to showcase their most recent experience-focused brands in a bustling high street setting, featuring lively outdoor spaces and numerous patio and rooftop social spots. The Expansion at Bal Harbour Shops presents sought-after brands with the chance to develop tailor-made store layouts centered around the unique experiences they provide.

Stanley Whitman recognized the potential in luxury retail long before the rest of the shopping center industry. In 1965 Whitman opened Bal Harbour Shops luring some of the famed retailers from 5^th Avenue. In 1971 Neiman Marcus opened their first department store outside of Texas and in 1976 Saks Fifth Avenue opened, making Bal Harbour Shops the first shopping center to have Saks and Neiman Marcus as anchors.